KAISA GROUP (01638) issued a profit warning, expecting a mid-term net loss and a net loss attributable to shareholders of not more than 9.5 billion yuan.
Kaisa Group (01638) announced that it expects the group to incur a net loss for the six months ending June 30, 2026, and a net loss attributable to owners of the company not exceeding RMB 9.5 billion. In comparison, for the six months ending June 30, 2025, the net loss was RMB 10.1 billion and the net loss attributable to owners of the company was RMB 10 billion. The slight decrease in net loss and net loss attributable to owners of the company is primarily due to a reduction in impairment provisions for property projects.
KAISA GROUP (01638) announced that it anticipates the Group will record a net loss for the six months ending June 30, 2026, and that the loss attributable to the company's owners will not exceed RMB 9.5 billion. In comparison, for the six months ending June 30, 2025, the net loss was RMB 10.1 billion, and the loss attributable to the company's owners was RMB 10 billion. The slight decrease in net loss and loss attributable to the company's owners is primarily due to a reduction in impairment provisions for property projects.
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